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Updated over 9 years ago,
Pay my own property management company
Hi,
I have 17 unit rentals and I have set up a S-corporation acting as property management company. The average property management fee in my area is 10% of the rent collected. How much should I pay to my corporation for the best tax advantage? Is Lower rate better so that corporation doesn't earn much or is higher rate better so that I can deduct more on 1040?
Thanks,